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Invesco Fundamental High Yield® Corporate Bond ETF...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS73936T5570
CUSIP46138E719
IssuerInvesco
Inception DateNov 15, 2007
RegionNorth America (U.S.)
CategoryHigh Yield Bonds
Index TrackedRAFI Bonds US High Yield 1-10 Index
Asset ClassBond

Expense Ratio

The Invesco Fundamental High Yield® Corporate Bond ETF has a high expense ratio of 0.50%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.50%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds to compare with PHB

Invesco Fundamental High Yield® Corporate Bond ETF

Popular comparisons: PHB vs. VWEHX, PHB vs. PPFIX, PHB vs. CMF, PHB vs. SJNK, PHB vs. SCHP, PHB vs. SPHY, PHB vs. FSPGX, PHB vs. SCHZ, PHB vs. BKLN, PHB vs. PCEF

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco Fundamental High Yield® Corporate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
8.02%
18.39%
PHB (Invesco Fundamental High Yield® Corporate Bond ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Invesco Fundamental High Yield® Corporate Bond ETF had a return of -0.09% year-to-date (YTD) and 7.01% in the last 12 months. Over the past 10 years, Invesco Fundamental High Yield® Corporate Bond ETF had an annualized return of 3.39%, while the S&P 500 had an annualized return of 10.79%, indicating that Invesco Fundamental High Yield® Corporate Bond ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-0.09%7.41%
1 month-0.73%-0.81%
6 months8.02%18.38%
1 year7.01%23.57%
5 years (annualized)3.06%12.02%
10 years (annualized)3.39%10.79%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.13%-0.15%1.27%
2023-1.67%-0.34%4.94%3.01%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PHB is 68, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the financial indicators listed below.

68
Invesco Fundamental High Yield® Corporate Bond ETF(PHB)
66Sharpe Ratio Rank
68Sortino Ratio Rank
66Omega Ratio Rank
65Calmar Ratio Rank
73Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco Fundamental High Yield® Corporate Bond ETF (PHB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


PHB
Sharpe ratio
The Sharpe ratio of PHB compared to the broader market0.002.004.001.35
Sortino ratio
The Sortino ratio of PHB compared to the broader market-2.000.002.004.006.008.0010.002.08
Omega ratio
The Omega ratio of PHB compared to the broader market1.001.502.002.501.24
Calmar ratio
The Calmar ratio of PHB compared to the broader market0.002.004.006.008.0010.0012.001.01
Martin ratio
The Martin ratio of PHB compared to the broader market0.0020.0040.0060.0080.006.76
^GSPC
Sharpe ratio
The Sharpe ratio of ^GSPC compared to the broader market0.002.004.002.15
Sortino ratio
The Sortino ratio of ^GSPC compared to the broader market-2.000.002.004.006.008.0010.003.11
Omega ratio
The Omega ratio of ^GSPC compared to the broader market1.001.502.002.501.38
Calmar ratio
The Calmar ratio of ^GSPC compared to the broader market0.002.004.006.008.0010.0012.001.63
Martin ratio
The Martin ratio of ^GSPC compared to the broader market0.0020.0040.0060.0080.008.76

Sharpe Ratio

The current Invesco Fundamental High Yield® Corporate Bond ETF Sharpe ratio is 1.35. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
1.35
2.15
PHB (Invesco Fundamental High Yield® Corporate Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Invesco Fundamental High Yield® Corporate Bond ETF granted a 5.04% dividend yield in the last twelve months. The annual payout for that period amounted to $0.90 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.90$0.85$0.60$0.65$0.76$0.78$0.78$0.78$0.86$0.82$0.84$0.89

Dividend yield

5.04%4.68%3.52%3.37%3.90%4.03%4.44%4.14%4.58%4.69%4.48%4.63%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco Fundamental High Yield® Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.07$0.07$0.08
2023$0.05$0.06$0.06$0.06$0.06$0.07$0.07$0.08$0.08$0.08$0.09$0.09
2022$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05
2021$0.06$0.06$0.06$0.06$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05
2020$0.06$0.06$0.06$0.06$0.06$0.06$0.07$0.07$0.06$0.06$0.06$0.06
2019$0.07$0.06$0.07$0.07$0.06$0.07$0.06$0.06$0.06$0.07$0.06$0.06
2018$0.06$0.06$0.06$0.06$0.06$0.07$0.07$0.07$0.06$0.06$0.06$0.07
2017$0.07$0.07$0.07$0.07$0.07$0.06$0.06$0.06$0.06$0.06$0.07$0.06
2016$0.07$0.07$0.07$0.07$0.07$0.07$0.08$0.07$0.07$0.07$0.07$0.07
2015$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.06$0.06$0.07$0.07
2014$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07
2013$0.08$0.08$0.08$0.07$0.07$0.07$0.08$0.07$0.07$0.07$0.07$0.07

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-1.38%
-2.49%
PHB (Invesco Fundamental High Yield® Corporate Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco Fundamental High Yield® Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Fundamental High Yield® Corporate Bond ETF was 44.80%, occurring on Oct 10, 2008. Recovery took 811 trading sessions.

The current Invesco Fundamental High Yield® Corporate Bond ETF drawdown is 1.38%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-44.8%Dec 12, 2007209Oct 10, 2008811Dec 29, 20111020
-21.52%Feb 24, 202021Mar 23, 202095Aug 6, 2020116
-13.76%Sep 15, 2021261Sep 27, 2022305Dec 13, 2023566
-10.19%Apr 28, 2015201Feb 11, 201679Jun 6, 2016280
-6.39%May 9, 201332Jun 24, 2013134Jan 3, 2014166

Volatility

Volatility Chart

The current Invesco Fundamental High Yield® Corporate Bond ETF volatility is 1.39%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%NovemberDecember2024FebruaryMarchApril
1.39%
3.24%
PHB (Invesco Fundamental High Yield® Corporate Bond ETF)
Benchmark (^GSPC)